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Banking & Finance

Net Income Rises For Enterprise Bank Parent

The parent company of Enterprise Bank, which has branches in three Central Massachusetts communities, saw net income grow 15 percent for its most recent quarter, and 10 percent for the first nine months of 2013.

Q&A With Anthony Emerson Of IC Federal Credit Union

Variety can be the spice of life. Anthony Emerson discovered — after time in the military, retail,...

Banks Go Mobile: Will Apps Replace Or Supplement Branches?

Banks and credit unions go where their customers are. A hundred years ago, that meant downtown centers. Then came suburban branches and drive-through lanes, ATMs in shopping malls and airports, and, later, personal computers right in their homes. Now, in the age of mobile, financial institutions are increasingly focused on making themselves accessible from smartphones and tablets.

Credit Unions Flex More Muscle In Central Mass. And Across The U.S.

Because they offer virtually the same services, credit unions and banks are often synonymous among consumers.But with...
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Bank Size May Not Matter To Central Mass. Customers

Fortunately, for businesses that are ready to finance new investments, there's plenty of competition among banks and credit unions that want to be the ones to make the loans. The variety of institutions — from credit unions with one branch to enormous international banks — could make for complicated choices for companies seeking financing.

Q&A With Michael D. Hewitt Of Hometown Bank

When Matthew Sosik recently left Hometown Bank to take over as president of Easthamption Savings Bank, Hometown...

Reports Cite More Home Market Strength

Two new reports indicate growing strength for the nation's housing market.

Berkshire Bank To Acquire 20 N.Y. Branches

Making a major step in its expansion plans, Pittsfield-based Berkshire Bank announced that it will purchase 20 retail branches from Bank of America with $640 million in deposits and $5 million in loans.
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Sovereign Bank Announces Name Change

Among several changes coming to Sovereign Bank branches across the country is a name change and rebranding, the bank said.

Berkshire Bank Updates Q2 Guidance

Berkshire Hills Bancorp announced updated guidance ahead of the release of its second-quarter earnings on Wednesday.
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